The Financial Conduct Authority has secured a confiscation order of GBP 5,963,376.15 against Guy Flintham, who is serving a six-year prison sentence after pleading guilty to fraud by false representation linked to a fraudulent investment scheme. The scheme took GBP 19m from more than 240 investors, with Flintham making false claims about how it operated and the profits being generated, supported by falsified documents. The court determined his criminal benefit to be GBP 23,932,204.84 and set the confiscation amount based on available assets; confiscated funds will be distributed to identified victims. A default prison term of two years applies if he does not satisfy the order within three months, to be served in addition to his current sentence. The FCA will contact identified victims to provide further information.